Rachel Buchman Lipschutz L ‘85 and Mark W. Lipschutz L ‘85 have made a substantial donation to establish the Lipschutz Endowed Scholarship Fund to benefit highperforming law students with financial need.

Rachel worked for Sonnenschein Nath & Rosenthal LLP practicing real estate law, then had her own real estate law firm until she retired in 2005 to be a full-time mom and volunteer. Rachel is currently a member of the Campaign Executive Committee for the Penn Law School Bold Ambitions Capital Campaign which will run through 2010. She is also a co-chair of the Westfield Young Women’s Hadassah organization.

Mark is a founding partner and the Chief Executive Officer of the Caribbean Property Group, a New York based investment group which owns and operates hotels, office buildings, warehouses, and shopping centers in Puerto Rico. In January of this year, Caribbean Property Group became the general partner of the Caribbean Opportunity Fund, a $500 million equity fund sponsored by Goldman Sachs, which focuses on real estate investments in selected areas within the Caribbean and Central America.